§ Mr. HoyleTo ask the Secretary of State for Foreign and Commonwealth Affairs, further to his replies of 9 November,Official Report, columns 16–17, why the firm Chine Kit was suspended from trading on the Hong Kong futures exchange; whether any of the staff or officials of the Hong Kong futures exchange or the Hong Kong stock exchange have any connection with any of the 33 firms currently being sued by the Hong Kong Futures Guarantee Corporation; whether these firms have been suspended from trading on the Hong Kong stock exchange; and what interest Mr. Ronald Li has in the firm Chine Kit.
§ Mr. EggarChine Kit Ltd. was suspended from trading on 27 October because it had failed to pay margin calls. The company subsequently paid the calls and was reinstated on 29 October. We are not aware that any staff of the futures exchange or the stock exchange are connected with any of the 32 firms being sued by the Hong Kong Futures Corporation. None of these firms has been suspended from trading on the Hong Kong stock exchange. The Hong Kong companies registry records that Chine Kit Ltd. has a paid-up share capital of 2,000,000 HK$1 shares, of which 1,999,997 are held by Mr. Ronald Li.